M&A Deal Summary

Verix Acquires start-up.ai

On June 15, 2023, Verix acquired information technology company start-up.ai

Acquisition Highlights
  • This is Verix’s 1st transaction in the Information Technology sector.
  • This is Verix’s 1st transaction in Israel.

M&A Deal Summary

Date 2023-06-15
Target start-up.ai
Sector Information Technology
Buyer(s) Verix
Deal Type Add-on Acquisition

Target

start-up.ai

Tel Aviv, Israel
start-up.ai is an AI specialist that helps businesses improve their processes using artificial intelligence and machine learning. start-up.ai is based in Tel Aviv, Israel.

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Buyer(S) 1

Buyer

Verix

Santa Clara, California, United States

Category Company
Sector Information Technology
DESCRIPTION

Verix provides an AI-based commercial optimization platform for Pharmaceutical companies. The platform uses a plethora of data and cutting-edge technology to optimize strategy development and effective execution. Its platform embeds deep learning with abundant domain expertise to optimize essential processes such as HCP targeting, precision forecasting, channel optimization, patient discovery, and more, in a consistent and continuous manner, to keep up with the dynamic nature of today's life sciences market. Verix is based in Santa Clara, California.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2023 M&A 1 of 1